Practice MODERN FORMS OF MONEY - 3.2 | 3. MONEY AND CREDIT | CBSE 10 Economics
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is modern money?

💡 Hint: Think about the types of money used today.

Question 2

Easy

Give one example of a digital transaction.

💡 Hint: Consider how you pay for things without physical cash.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the primary function of modern money?

  • Store of value
  • Medium of exchange
  • Unit of account

💡 Hint: Think about how we use money in daily transactions.

Question 2

True or False: Demand deposits are considered a form of currency.

  • True
  • False

💡 Hint: Consider the forms of money you know.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Consider a region that undergoes sudden demonetization. Discuss the potential economic impacts on daily transactions and small businesses.

💡 Hint: Think about both the short-term chaos and long-term adaptation.

Question 2

Analyze why banks might prefer lending to larger businesses over small farmers, despite the social implications.

💡 Hint: Consider risk versus reward in banking.

Challenge and get performance evaluation